REI Lense

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$3,321 (target)

1115 Parker Ct, Cedar Hill, TX 75104

3 beds • 2 baths • 1308 sqft

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This property might be a fair Mid-Term investment with a projected 4.99% first-year return on $72,579 initial cash invested.

4.99%

Cash On Cash

8.03%

Cap Rate

1.33

DSCR

$3,321

Rent

$302

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,321 income − $3,019 expenses = $302 cash flow

Income$3,321Mortgage P&I$1,30439%Property Taxes$49415%Insurance$913%Management$39912%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36511%Cash Flow$302

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,321

Total Expenses

$3,019

Mortgage P&I

39%

$1,304

Property Taxes

15%

$494

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$399

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$365

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